Daily Timeframe
Stock in an Uptrend.
Retracing back to the Daily RBR level of around 29.2.
Looks a good opportunity to go long on a retracement to the Demand Zone.
👑 Terms used if you don't know :
✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa...
Disclaimer
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